Implementing Prequalify will:
- increase likeliness that custumers will divert their attention to more premium products
- increase your customer conversion rate
- increase average cart size
Why?
This way the customer will know they have enough limit to complete the purchase, which on averages increases the purchase value for 18% on Webshops
How?
Find your unique Prequalify link in your vendor app
Basic option
After the client is acknowledged with her purchase limit, or she cancels the process, she will be redirected to your homepage.
For this you can use the URL that is unique and is provided in your vendor app as shown above.
Advanced option
To improve the client user experience even further, the client can be returned to the same site she was redirected from (e.g., product page, category page...). You can define this specific site in the Prequalify URL.
Examples:
Client will be redirected to your homepage: https://lapp.leanpay.si/vendor/pre-qualified?vendor=4j49eg
Client will be redirected to specific URL: https://lapp.leanpay.si/vendor/pre-qualified?vendor=4j49eg&returnUrl=https:%2F%2Fwww.google.com
In this case the client is returned to www.google.com, but you can define the URL yourself.
Where?
You implement CTA somewhere on your page (Category and product page are most preferable)
Examples from Slovenian Vendor:
(Your banners can be found on your countries subpage or by contacting your Leanpay representative)
30% of our customers checked their limit before making a purchase with Lenpay
Once customer finishes pre-qualify he/she will be returned back to your shop to finish the purchase.